Trade Analytics

About Telangana State: Tourism & Agriculture, Industries, Economy Growth Rate

Latest update: October, 2016

Economic Snapshot: GSDP of Telangana

Telangana's gross state domestic product (GSDP) was at US$ 71.10 billion over 2014-15.

Economic Snapshot: GSDP of Telangana

Economic Snapshot: NSDP of Telangana

Telangana's net state domestic product (NSDP) was at US$ 62.70 billion over 2014-15.

Percentage distribution of GSDP

 

Factfile

  • Capital:Hyderabad
  • Geographical Area (sq km):114,840
  • State Language:Telugu, Hindi and English
  • Literacy Rate:66.5 per cent
  • Key Industries:Information technology, pharmaceuticals manufacturing, tourism, textile, mines and minerals

Last Updated: October, 2016

Telangana State Report | October, 2016

Telangana, the 29th state of India, was formed in June 2014, with Hyderabad as its capital. The state was formed as a result of the split of erstwhile Andhra Pradesh state. The state is land locked by (new) Andhra Pradesh to the south and east, Maharashtra and Karnataka to the west, and Odisha and Chhattisgarh to the north.

Telangana's gross state domestic product (GSDP) expanded at a compound annual growth rate (CAGR) of 14.49 per cent to US$ 89.1billion between 2004-05 and 2015-16. At a CAGR of 19.08 per cent, services has been the fastest growing sector among agriculture, industry and services from 2004-05 to 2015-16. During 2015-16, services sector accounted for 61.9 per cent share in the overall GSDP. As of April 2016, the total installed power capacity of Telangana state was 11,568.76 MW.

The capital city of Hyderabad (also the capital for earlier larger Andhra Pradesh state) is a hub for information technology (IT) and pharmaceutical sectors. During 2015-16, export of IT products of Telangana was US$ 10.42 billion. Leading IT companies like Facebook, Google, IBM and Microsoft hold significant presence in Hyderabad.

Hyderabad also accounts for approximately 20 per cent of India's total pharma exports. The state government plans to set up a pharma city and promote public private partnership to develop the state's pharma sector.

The central government recently announced formation of an Information Technology Investment Region (ITIR) near Hyderabad. With the establishment of the ITIR, the government plans to generate 1.5 million direct and 5.3 million indirect jobs in the IT sector in the next five years.

According to the Department of Industrial Policy & Promotion (DIPP), cumulative FDI inflows in Telangana from April 2000 to March 2016, totalled US$ 11.57 billion.

Key Sectors:

  • Under the Department of Information Technology, Electronics & Communications, the Government of Telangana has introduced Telangana IT Policy, 2016 in April 2016 for the uplifting the performance of the sector in the state.
  • As per the socio-economic survey 2015-16, at a projected amount of US$ 2.0 billion, the Hyderabad Pharma City is being established which will consist of R&D Lab, university, etc. The park is proposed to be established on 11,000 acres of land at Mucherla and is expected to create employment opportunities for 70,000 people.
  • The Telangana government has allocated an amount of US$ 35.44 million for the development of tourism and culture department during 2016-17.
  • As of March 2015, a new textile policy was introduced in Telangana. Purpose of this policy is to provide special incentives to the textiles sector. In order to promote the textile sector in the state, the Government of Telangana is working on a new textile policy to attract investments in the sector.

Factfile

  • Capital:Hyderabad
  • Geographical Area (sq km):114,840
  • State Language:Telugu, Hindi and English
  • Literacy Rate:66.5 per cent
  • Key Industries:Information technology, pharmaceuticals manufacturing, tourism, textile, mines and minerals
Telangana Map

Telangana